DUBLIN, June 10, 2021 /PRNewswire/ — The “Global Feed Additives Market by Type (Amino Acids, Phosphates, Vitamins, Acidifiers, Carotenoids, Enzymes, Mycotoxin Detoxifiers, Flavors & Sweeteners, Minerals, and Antioxidants), Livestock, Form, Source, and Region – Forecast to 2026” report has been added to ResearchAndMarkets.com’s offering.

The feed additives market is estimated to be valued at USD 38.1 billion in 2021 and is projected to reach USD 49.6 billion by 2026, recording a CAGR of 5.5%, in terms of value. The market is primarily driven by factors such as increasing demand and consumption of livestock-based products and growth in feed production globally.

Asia Pacific region accounted for the largest market share in the feed additives market owing to the presence of large livestock population and their growth. However, one of the restraining factors in the growth of feed additives market is the ban on antibiotics in different…

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